Hunt’s Dominick Cristiano, who managed the development, lease up and disposition of the property, said, “We are very pleased with the outcome of a well-conceived and executed business plan. A lot of the credit goes to our partner [Carter] and the Pinnacle team for their successful leasing effort over the last several years. The sales price reportedly represents one of the highest price per unit sales ever achieved in Florida on a multifamily transaction.”

The 10-story concrete development includes one, two, and three-bedroom apartments with 15,000 square feet of ground floor retail. Interior features include condominium-grade finishes including quartz countertops, stainless steel appliances and wine chillers.

Walker & Dunlop brokered the transaction.

Connect Apartments is planned next month in Los Angeles. You can get more information and register to attend on this link.